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- H.R.4061
H.R.4061: Sensible Estate Tax Act of 2014
About This Bill
- Introduced Feb. 14, 2014
- Latest Major Action Feb. 14, 2014
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
Sensible Estate Tax Act of 2014 - Amends the Internal Revenue Code to: (1) establish new estate tax rates of between 41% (for estates with a value in excess of $1,000,000) and 55% (for estates with a value in excess of $10 million), (2) allow a $1 million estate tax exclusion, and (3) provide for an inflation adjustment to such amounts for decedents dying after 2014. Restores the estate tax credit for any estate, inheritance, legacy, or...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Feb. 14, 2014 |
Referred to the House Committee on Ways and Means.
|
Feb. 14, 2014 |
Introduced in the House by Jim McDermott (D-Wash.) |